Federated Financial Corp. of America Acquires Auto Matic Transmission International, Mr. Transmission
Business investment firm Federated Financial Corp. of America (FFCOA) has purchased Auto Matic Transmission International (AMT) and Mr. Transmission (Mr. T) from Delco Remy International. Financial terms of the acquisition were not disclosed. AMT remanufactures automatic transmissions for both passenger and commercial vehicles for the Scandinavian independent aftermarket, OE import and local dealers, as well as the Danish state railways. AMT specializes in both heavy-duty and European light-duty markets.
Charity Chopper Proceeds to Benefit Cancer Patients and Hurricane Relief Efforts
Proceeds of the upcoming “Charity Chopper” auction on eBay Motors will now be focused on The Leukemia & Lymphoma Society’s efforts to address the urgent needs of blood cancer patients in areas affected by Hurricane Katrina, according to sponsors of the charity fundraiser.
Automotive Training Managers Council Fall Conference Scheduled for October 2-4
A tour of the Chevrolet Corvette plant in Bowling Green, KY, in celebration of 50 years of the small block engine; hybrid technology service issues and a presentation on advanced technology training for independent repair shops are just some of the industry-related highlights for the Automotive Training Managers Council (ATMC) Fall Conference to be held Oct. 2-4 at the Sheraton Music City Hotel, Nashville, TN. The theme for the Music City, USA location is: “Working in Harmony through ATMC: OEM, Fleet and Aftermarket.”
Executive Interview: From Education to Enforcement: MEMA’s Brand Protection Council and its Role in the Fight Against Counterfeiting
It’s hardly been two years since MEMA first sent out feelers to its members, looking for any interest in forming a council to look more closely at issues relating to counterfeiting and intellectual property rights violations.Several members of the council took time to talk with aftermarketNews.com about their own experiences protecting their companies’ brands against IPR violations and counterfeiting.
NCMA Elects New Board Members for 2005-2006
The National Catalog Managers Association (NCMA) recently elected to its board of directors representatives from Genuine Parts Co., Better Brake Parts and Wells Manufacturing Corp. Founded in 1973, NCMA consists of more than 200 member representatives from automotive companies across the United States and Canada.
Register Now for GAAS and Save $200
By signing up now, attendees can save $200 on the registration for the 10th annual Global Automotive Aftermarket Symposium (GAAS) program. The event will take place Wednesday, May 11, and Thursday, May 12, at the Hyatt Regency in Chicago and features a stellar lineup of speakers and industry leaders as they discuss “Lessons from the Past, Perspectives on the Future.”
Diggory Elected Chairman of Heavy Duty Manufacturers Association
William “Bill” Diggory, vice president and general manager of Chicago Rawhide, Elgin, Ill., has been elected 2005 chairman of the Heavy Duty Manufacturers Association (HDMA). Diggory served as HDMA vice chairman in 2004.
Three Join AASA Board
Three automotive aftermarket executives have joined the board of governors of the Automotive Aftermarket Suppliers Association (AASA). AASA is the aftermarket market segment association of the Motor & Equipment Manufacturers Association (MEMA). New board members serving three year terms are: Kevin Baird, CEO, Qualitor Inc., Southfield, Mich.; John Casanova, senior vice president, Remy International, Anderson, Ind.; and John Casanova, senior vice president, Remy International, Anderson, Ind.
Exide Technologies CEO to Resign, Company Names New CFO
Craig Muhlhauser, president and CEO of Exide Technologies, has announced he will leave the company on or before April 1, 2005. Mulhauser did not provide a reason for his resignation, other than to say that with the company’s successful emergence from Chapter 11 bankruptcy proceedings and with a new board in place it was time for him to pursue new opportunities.
Federal-Mogul Promotes Joe Felicelli to Executive Vice President of Worldwide Aftermarket Operations
Joseph Felicelli has been appointed to the position of executive vice president, worldwide aftermarket operations for Federal-Mogul. Since 2001, Felicelli has served as senior vice president, worldwide aftermarket operations, with responsibility for Federal-Mogul’s global aftermarket operations, including sales, marketing, distribution and logistics, as well as manufacturing for chassis and brake hard parts, fuel, wipers, ignition and lighting products.